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69 Best Sweden Startups to Watch in 2024
How do we build this list? TLDR: Using math and experts.
Last update to the database: May 26, 2024. See changelog.
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company | score | funding | investors | employees | industries | biz model | city | contact |
---|---|---|---|---|---|---|---|---|
Manufacturer of sustainable lithium-ion batteries. |
$5,000M · Debt Financing | Prima Materia, Vargas Holdings, Vattenfall | 1001 to 5000 | Energy & Nuclear, Manufacturing | B2C | Stockholm, Sweden | •••••••••••@northvolt.com | |
Green and sustainablesteel producer. |
$5,000M · Series D | Prima Materia, Just Climate, Société Générale Ventures | 101 to 250 | Climate Tech & Green Tech, Manufacturing | B2B | Stockholm, Sweden | •••••••••••@h2greensteel.com | |
Asset management platform. |
$40M · Series B | Expedition Growth Capital | 11 to 50 | Fintech | B2B, SaaS | Stockholm, Sweden | •••••••••••@xensam.com | |
Clean energy-tech provider. |
$95M · Series A | Altor, Creades AB, Temasek Holdings | 250 to 500 | Climate Tech & Green Tech | B2B | Stockholm, Sweden | •••••••••••@airahome.com | |
Preventative health care platform. |
$65M · Series A | General Catalyst, Atomico, Lakestar | 11 to 50 | Health Tech | B2C | Stockholm, Sweden | •••••••••••@nekohealth.com | |
Product traceability and compliance platform. |
$24M · Series B | Circularity Capital, Industrifonden, Fairpoint Capital | 11 to 50 | Supply Chain & Logistics | B2B, SaaS | Stockholm, Sweden | •••••••••••@trustrace.com | |
Digital pet insurance platform. |
$25M · Series B | Balderton Capital, Felix Capital, Inventure | 1 to 10 | Health Tech, Pet Tech | B2C, Marketplace | Stockholm, Sweden | •••••••••••@lassie.co | |
AI-powered energy optimisation platform for buildings. |
$5M · Series A | AMAVI Capital, Vantaan Energia, 4impact | 11 to 50 | Proptech & Real Estate, Energy & Nuclear | B2B, SaaS | Stockholm, Sweden | •••••••••••@myrspoven.se | |
Mobile-first banking platform. |
$53M | Schibsted Growth | 11 to 50 | Fintech, Mobile, Payments | B2C | Stockholm, Sweden | •••••••••••@rocker.com | |
Manufacturer of electric commercial trucks. |
$61M | Curitas Ventures | 501 to 1000 | Climate Tech & Green Tech, Hardware, Mobility & Transportation, Manufacturing, Supply Chain & Logistics, Electric Vehicles | B2B | Stockholm, Sweden | •••••••••••@voltatrucks.com | |
Hybrid-electric airplane maker. |
$107M · Series B | Lowercarbon Capital, EQT Ventures, Sagitta Ventures | 101 to 250 | Space Tech, Mobility & Transportation | B2B | Gothenburg, Sweden | •••••••••••@heartaerospace.com | |
Neobank for immigrants. |
$9M · Series B | Valar Ventures, Heartcore | 101 to 250 | Fintech, Payments | B2C, SaaS | Stockholm, Sweden | •••••••••••@majority.com | |
Supplier financing platform for retail businesses. |
$12M · Series A | Nineyards Equity, Antler, J12 Ventures | 11 to 50 | Fintech | B2B | Stockholm, Sweden | •••••••••••@treyd.io | |
Self-sampling technology. |
$2M · Series A | Sciety, We Venture Capital | 1 to 10 | Health Tech | B2C | Stockholm, Sweden | •••••••••••@capitainer.se | |
Cloud communications platform. |
$12M · Series A | Balderton Capital, Index Ventures, SoftBank Group | 1001 to 5000 | Messaging, Mobile, Communications | B2B, SaaS | Stockholm, Sweden | •••••••••••@sinch.com | |
App that helps people understand and improve their finances. |
$10M · Series B | Augmentum Fintech, Northzone, Accel | 101 to 250 | Fintech, Payments | B2B | Stockholm, Sweden | •••••••••••@anyfin.com | |
Cell therapy development paltform. |
$18M · Series A | Lauxera Capital Partners | 11 to 50 | Biotech, Deep Tech | Stockholm, Sweden | •••••••••••@biolamina.com | ||
Sweden's largest marketplace for health and beauty services. |
$43M | VNV Global | 11 to 50 | Health Tech, CPG & Consumer Goods, Fashion, Ecommerce | B2C, Marketplace | Stockholm, Sweden | •••••••••••@bokadirekt.se | |
Personalized immunotherapy. |
$26M · Debt Financing | European Investment Bank | 11 to 50 | Health Tech, Biotech | Stockholm, Sweden | •••••••••••@anocca.com | ||
Digital healthcare management platform. |
$14M · Seed | Oriola, Bonnier Ventures | 501 to 1000 | Health Tech, Mobile | B2B, SaaS | Stockholm, Sweden | •••••••••••@doktor.se | |
Spatial proteomics platform to analyzes cell surface proteins on single cells. |
$7M · Series A | Industrifonden, Navigare Ventures | 1 to 10 | Health Tech, Biotech | Stockholm, Sweden | •••••••••••@pixelgen.com | ||
Technology that removes the need to physically transfer paper documentation within trade transactions. |
$6M · Series A | Lloyds Banking Group | 11 to 50 | Investing | B2B | Stockholm, Sweden | •••••••••••@enigio.com | |
Web3 app development platform for developers. |
$13M · Seed | EQT Ventures, Fabric Ventures | 51 to 100 | Crypto & web3, Developer Tools | B2B, SaaS | Stockholm, Sweden | •••••••••••@moralis.io | |
Open banking platform. |
$6M · Series A | Dawn Capital, Headline | 51 to 100 | Fintech, Payments | B2C, SaaS | Stockholm, Sweden | •••••••••••@britepayments.com | |
Bio alternative to fossil-based and energy–intensive chemical production. |
$22M · Series B | Sofinnova Partners, SEB Venture Capital, Industrifonden | 51 to 100 | Health Tech, Biotech | B2B | Stockholm, Sweden | •••••••••••@enginzyme.com | |
Web performance and load testing monitoring tools. |
$10M · Series D | Oxx, KTH Chalmers Capital, SEB Venture Capital | 51 to 100 | Developer Tools | B2B, SaaS | Stockholm, Sweden | •••••••••••@apica.io | |
Electric boat maker. |
$5M · Seed | Centripetal, Wellstreet | 51 to 100 | Mobility & Transportation, Manufacturing | B2C | Stockholm, Sweden | •••••••••••@xshore.com | |
Renewable energy subscription service. |
$7M · Pre Seed | Index Ventures, Broadhaven Ventures, 9900 Capital | 1 to 10 | Climate Tech & Green Tech, Fintech | B2C | Stockholm, Sweden | •••••••••••@cloover.co | |
Climate action planning platform for cities. |
$15M · Series B | CommerzVentures, Norrsken VC, Polar Structure | 51 to 100 | Climate Tech & Green Tech, Govtech | B2B | Stockholm, Sweden | •••••••••••@climateview.global | |
FIFA-style live football game. |
$20M · Series A | Seven Seven Six, Northzone, Moonfire Ventures | 11 to 50 | Gaming, Sportstech | B2C, Freemium | Stockholm, Sweden | •••••••••••@goals.co | |
Biotech company focused on developing products for therapy, diagnostic imaging, and other applications. |
$21M · Debt Financing | European Investment Bank | 11 to 50 | Biotech | Stockholm, Sweden | •••••••••••@affibody.com | ||
Digital freight mobility platform. |
$5M · Seed | Northzone, EQT Ventures, Norrsken VC | 251 to 500 | Mobile, Mobility & Transportation, Energy & Nuclear, Manufacturing | B2B, B2C | Stockholm, Sweden | •••••••••••@einride.tech | |
Workforce management platform. |
$14M · Series A | Battery Ventures, Zobito, Alfvén & Didrikson | 101 to 250 | Business Intelligence | B2B, SaaS | Stockholm, Sweden | •••••••••••@quinyx.com | |
Digital veterinary platform. |
$5M · Series A | Creandum, Omers Ventures | 51 to 100 | Health Tech, Video, Community & Lifestyle, Communications | B2C, Marketplace | Stockholm, Sweden | •••••••••••@firstvet.com | |
Investment platform for property loans. |
$1M · Seed | Incore Invest | 1 to 10 | Fintech, Investing | B2C, SaaS | Stockholm, Sweden | •••••••••••@kameo.se | |
New materials that enhance the efficiency of solar cells. |
$5M · Seed | SoftBank Group, Swedbank Robur, AMF | 51 to 100 | Climate Tech & Green Tech, Energy & Nuclear, Manufacturing | B2B | Stockholm, Sweden | •••••••••••@exeger.com | |
Innovative therapy for difficult-to-treat hematological diseases. |
$31M | European Investment Bank | 251 to 500 | Biotech, Deep Tech | B2C | Stockholm, Sweden | •••••••••••@oncopeptides.com | |
Digital healthcare platform. |
$6M · Seed | Index Ventures, Accel, Creandum | 501 to 1000 | Health Tech, Mobile | B2C, SaaS, Marketplace | Stockholm, Sweden | •••••••••••@kry.se | |
Cloud-based open banking platform. |
$4M · Series A | Heartcore, Dawn Capital, Insight Venture Partners | 251 to 500 | Fintech, Mobile, Payments | B2C | Stockholm, Sweden | •••••••••••@tink.com | |
Acast is an audio-on-demand and podcast platform that hosts, monetizes, and distributes audio content globally. |
$5M · Series A | CNI Nordic, Första AP-fonden, Evli Growth Partners | 101 to 250 | Music and Audio, Media and Entertainement, Podcast | Stockholm, Sweden | •••••••••••@acast.com | ||
E-bike mobility platform. |
$2M · Seed | Balderton Capital, Local Globe, Creandum | 1001 to 5000 | Climate Tech & Green Tech, Mobile, Mobility & Transportation, Ecommerce | B2C | Stockholm, Sweden | •••••••••••@voiscooters.com | |
Automates data collection for reporting and analysis. |
$3M · Seed | Balderton Capital, Stena Sessan, Eight Roads Ventures | 51 to 100 | Adtech, Media and Entertainement, Data and Analytics, Sales and Marketing, Business Intelligence | B2B, SaaS | Stockholm, Sweden | •••••••••••@funnel.io | |
Cloud-based healthcare collaboration platform. |
$7M · Series A | Segulah Medical Acceleration, Brightly Ventures | 11 to 50 | Health Tech, Cloud | SaaS | Stockholm, Sweden | •••••••••••@about.cmrad.com | |
Producer of roof-integrated solar panels. |
$14M · Series A | World Fund, Legal & General Capital, Alfabeat | 11 to 50 | Climate Tech & Green Tech, Hardware, Energy & Nuclear, Manufacturing | B2C | Stockholm, Sweden | •••••••••••@sunroof.se | |
Ecommerce for children clothes. |
$7M · Series A | Verdane | 51 to 100 | Fashion, Ecommerce, FamilyTech & Parenting | B2C | Stockholm, Sweden | •••••••••••@babyshop.com | |
Grocery delivery paltform. |
$5M · Seed | VNV Global, Bonnier Ventures, Inbox Capital | 11 to 50 | Foodtech, Food Delivery | B2C, SaaS | Stockholm, Sweden | •••••••••••@kavall.co | |
Commercial hydrofoil shuttle. |
$19M · Series A | EQT Ventures | 101 to 250 | Mobility & Transportation | Stockholm, Sweden | •••••••••••@candela.com | ||
Collaborative ML platform for batch and real-time data. |
$6M · Series B | Inventure, Vendep Capital | 11 to 50 | AI, Machine Learning | B2B | Stockholm, Sweden | •••••••••••@hopsworks.ai | |
AI-powered operational platform. |
$19M · Series A | EQT Ventures, FAM AB | 51 to 100 | AI, Machine Learning | B2B, SaaS | Stockholm, Sweden | •••••••••••@peltarion.com | |
Developer of therapies for treating chronic inflammatory conditions. |
$6M · Seed | Hadean Ventures, Industrifonden | 1 to 10 | Health Tech, Pharma | B2B | Stockholm, Sweden | •••••••••••@gesynta.se | |
Recruitment and branding platform for companies. |
$10M | Octopus Ventures, Brightly Ventures, Spintop Ventures | 11 to 50 | Hiring and Recruitement, Sales and Marketing | B2B, SaaS | Stockholm, Sweden | •••••••••••@adway.ai | |
Ready-made groceries online platform. |
$4M · Pre Seed | AMF, CNI Nordic, Investment AB Kinnevik | 251 to 500 | Foodtech, Ecommerce | B2C | Stockholm, Sweden | •••••••••••@mathem.se | |
Virtual reality (VR) game developer. |
$3M · Seed | Heartcore, Handelsbanken Fonder, Industrifonden | 1 to 10 | Gaming, AR / VR | B2C | Stockholm, Sweden | •••••••••••@fasttravelgames.com | |
Charge Amps is greetech company. |
$15M | Quinary Investment | 11 to 50 | Climate Tech & Green Tech, Hardware, Mobility & Transportation, Energy & Nuclear, Manufacturing | B2C | Stockholm, Sweden | •••••••••••@chargeamps.com | |
Visual data inspection platform to optimize electricity grid performance. |
$4M · Seed | Subvenio Invest, Neptunia Invest, Antler | 11 to 50 | Data and Analytics, Energy & Nuclear | B2B, SaaS | Stockholm, Sweden | •••••••••••@skyqraft.com | |
Google-based Flutter framework builder. |
$1M · Pre Seed | PreSeed Ventures | 1 to 10 | Open Source | B2B, SaaS | Stockholm, Sweden | •••••••••••@serverpod.dev | |
Hyperscale, efficient data centers. |
$13M · Seed | EQT Ventures, Norrsken VC | 51 to 100 | Cybersecurity, Cloud | Stockholm, Sweden | •••••••••••@evroc.com | ||
Digital investment platform. |
$6M | SEB Venture Capital, Inbox Capital | 11 to 50 | Fintech, Investing | B2B, SaaS | Stockholm, Sweden | •••••••••••@lysa.se | |
Digital insurance platform. |
$3M · Seed | Cherry Ventures, CommerzVentures, Anthemis | 101 to 250 | Fintech | B2B | Stockholm, Sweden | •••••••••••@hedvig.com | |
Digital fitness platform. |
$6M · Series A | Balderton Capital, Molten Ventures, SparkLabs Global Ventures | 11 to 50 | Health Tech, Fitness, Mobile | SaaS, B2C | Stockholm, Sweden | •••••••••••@lifesum.com | |
Easy-to-use POS and payments platform for retail owners. |
$2M · Seed | Creades AB, NFT Ventures, Collector Ventures | 101 to 250 | AI, Mobile, Ecommerce | B2B, SaaS | Stockholm, Sweden | •••••••••••@yabie.com | |
Royalty-free soundtrack platform. |
$5M · Series A | Creandum, EQT Ventures, Kichi Invest | 251 to 500 | Music and Audio, Media and Entertainement, Video, Communications | SaaS | Stockholm, Sweden | •••••••••••@epidemicsound.com | |
Enterprise-grade insights for all platform. |
$6M · Seed | Inventure, Endeit Capital | 51 to 100 | Adtech, Media and Entertainement, Sales and Marketing, Business Intelligence | B2B, SaaS | Stockholm, Sweden | •••••••••••@stravito.com | |
Developer of commercial fusion reactors. |
$5M · Seed | Climentum Capital, Industrifonden, InnoEnergy | 1 to 10 | Climate Tech & Green Tech, Energy & Nuclear | B2B | Stockholm, Sweden | •••••••••••@novatronfusion.com | |
AR/VR games studio and publishing platform. |
$6M · Series A | Creandum, GV, Partech Ventures | 101 to 250 | Gaming, Hardware, AR / VR | B2C | Stockholm, Sweden | •••••••••••@resolutiongames.com | |
All-in-one financial platform for ecommerce entrepreneurs. |
$106M · Debt Financing | Felix Capital, EQT Ventures, Cherry Ventures | 51 to 100 | Fintech, Ecommerce | B2B, SaaS | Gothenburg, Sweden | •••••••••••@juni.co | |
Cardo Health is a digital health company to improve the health and wellbeing of millions of people in emerging markets. |
$16M | Webrock Ventures | 1 to 10 | Health Tech, Fintech | B2B | Stockholm, Sweden | •••••••••••@cardohealth.com | |
Automated parcel locker platform. |
$1M · Seed | EQT Ventures | 101 to 250 | Ecommerce, Supply Chain & Logistics | B2B | Stockholm, Sweden | •••••••••••@instabox.io | |
Online property auction platform. |
$5M | Luminar Ventures | 1 to 10 | Proptech & Real Estate, Service Industry | B2B, B2C, Marketplace | Stockholm, Sweden | •••••••••••@movesta.se |
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